SmileDirectClub
General Information | |
Business: | We are the industry pioneer as the first direct-to-consumer medtech platform for transforming smiles. Through our cutting-edge teledentistry technology and vertically integrated model, we are revolutionizing the oral care industry. Our clear aligner treatment addresses the large and underserved global orthodontics market. An estimated 85% of people worldwide suffer from malocclusion, yet less than 1% receive treatment annually. Our goal is to improve penetration into this untapped market by democratizing access to a more affordable, convenient, and accessible solution for a straighter smile. We believe we are the leading player in this early but massive opportunity. We believe that our aligner treatment can help over 90% of people with malocclusion, to some extent, to achieve a better smile. |
Industry: | DENTAL EQUIPMENT & SUPPLIES |
Employees: | 5000 |
Founded: | 2014 |
Contact Information | |
Address | 414 Union Street, Nashville, TN 37219, US |
Phone Number | (800) 848-7566 |
Web Address | http://www.SmileDirectClub.com |
View Prospectus: | SmileDirectClub |
Financial Information | |
Market Cap | $8851.8mil |
Revenues | $621.7 mil (last 12 months) |
Net Income | $-93.9 mil (last 12 months) |
IPO Profile | |
Symbol | SDC |
Exchange | NASDAQ |
Shares (millions): | 58.5 |
Price range | $23.00 - $23.00 |
Est. $ Volume | $1346.4 mil |
Manager / Joint Managers | J.P. Morgan/ Citigroup/ BofA Securities/ Jefferies/ UBS Investment Bank/ Credit Suisse |
CO-Managers | Guggenheim Securities/ Stifel/ William Blair/ Loop Capital Markets |
Expected To Trade: | 9/12/2019 |
Status: | Priced |
Quiet Period Expiration Date: | Available only to Subscribers |
Lock-Up Period Expiration Date: | Available only to Subscribers |
SCOOP Rating | Available only to Subscribers |
Rating Change | Available only to Subscribers |